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Are Your Goals SMART?
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| Guest post by: Edward Abel |
Article Overview: Research has shown that the most successful people are those who regularly set goals. Most people would not start out on a trip without some kind of a map or GPS navigational system on board, yet many people run their businesses with very little directional assistance. This can cause a lot of wasted time and energy, sometimes going in circles or going in a direction that becomes a dead end. You'll end up somewhere, but will it be where you want to end up?
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Free Download - Are Your Goals SMART? By Edward Abel |
Are Your Goals SMART?
Research
has shown that the most successful people are those who regularly set
goals. Most people would not start out on a trip without some kind of a
map or GPS navigational system on board, yet many people run their
businesses with very little directional assistance. This can cause a lot
of wasted time and energy, sometimes going in circles or going in a
direction that becomes a dead end. You'll end up somewhere, but will it
be where you want to end up?
When creating your goals, you should follow a standard format called SMART goals. The SMART format identifies five criteria that are needed to ensure a goal is truly effective.
Specific:
Specificity is important in writing goals. That's because specific
goals create focus and clarity - they have a laser-like quality. They
articulate exactly what needs to happen in order to achieve the results
you want. Instead of writing a vague goal, such as... "Offer more
products to customers." ...make the goal specific... "Increase the
number of available products from 7 to 10."
- How easy or challenging is it?
- Do I have the necessary resources to accomplish the goal?
Time-Oriented: Although the "T" of SMART appears at the end of the acronym, the time-orientation of your goal is just as important to consider. Time-oriented goals answer the questions, How often? or By when? For example:
- How often: Deliver at least 75% of employee reviews on a quarterly basis.
- By when: Deliver all employee reviews by June 30.
Article Tags: available products, clarity, different things, directional assistance, going in circles, li li, map, measurable goal, navigational system, necessary resources, smart goals, specificity, strategica, vague goal, writing goals
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About the Author: Edward Abel RSS for Edward's articles - Visit Edward's website Ed Abel has invested more than three decades learning how to build a successful, thriving business. At age 24 with a $5,000 loan and the energy and passion of a young entrepreneur, Ed was ready to take on the world. And he did, only to emerge seven years later at the top of a $36 million organization with 585 employees. Inspired by the challenges that led him to success, Ed went on to build other multi-million dollar businesses, yet he missed the passion he experienced "in the trenches" of his formative years. Determined to find a way to educate and advise others in the construction and sustainability of a vital business, he founded ABEL Business Institute. Over the course of this process, he developed The SkillPreneur Business System, a systematic approach to the construction, maintenance, and growth of a business's--an approach that has become the philosophy and methodology of ABEL Business Institute. Ed is an adjunct professor of entrepreneurial studies at New York University (NYU) as well as the Director of the business division at the world class Institute for Professional Excellence in Coaching (iPEC). At iPEC, Ed directs the business division that is responsible for supporting the graduate coaches in their business development process. Click here to visit Edward's website Knowing Your Products and Services How to close the deal with an effective Sales Conversation Are you Prepared to Sell Collect Your Good Marbles Customer Loyalty and Chinese Food |
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